Tokio Marine Asset Management Co. Ltd. Has $783,000 Stake in Keysight Technologies, Inc. (NYSE:KEYS)

Tokio Marine Asset Management Co. Ltd. increased its position in shares of Keysight Technologies, Inc. (NYSE:KEYS) by 8.9% during the third quarter, HoldingsChannel.com reports. The firm owned 4,928 shares of the scientific and technical instruments company’s stock after buying an additional 403 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Keysight Technologies were worth $783,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. American National Bank & Trust acquired a new position in Keysight Technologies during the 3rd quarter worth about $31,000. Meeder Asset Management Inc. acquired a new position in Keysight Technologies during the 2nd quarter worth $27,000. Family Firm Inc. bought a new position in Keysight Technologies in the 2nd quarter valued at $30,000. GPS Wealth Strategies Group LLC increased its stake in shares of Keysight Technologies by 262.9% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 254 shares of the scientific and technical instruments company’s stock valued at $35,000 after buying an additional 184 shares during the period. Finally, Versant Capital Management Inc raised its position in shares of Keysight Technologies by 842.4% during the second quarter. Versant Capital Management Inc now owns 311 shares of the scientific and technical instruments company’s stock worth $43,000 after acquiring an additional 278 shares during the last quarter. Institutional investors own 84.58% of the company’s stock.

Wall Street Analyst Weigh In

KEYS has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft raised their price target on Keysight Technologies from $163.00 to $175.00 and gave the company a “buy” rating in a report on Monday, August 26th. Robert W. Baird lowered their price target on shares of Keysight Technologies from $167.00 to $160.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. StockNews.com raised shares of Keysight Technologies from a “hold” rating to a “buy” rating in a research note on Friday. JPMorgan Chase & Co. raised their price objective on shares of Keysight Technologies from $155.00 to $165.00 and gave the company a “neutral” rating in a research note on Wednesday, August 21st. Finally, Barclays upgraded shares of Keysight Technologies from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $158.00 to $180.00 in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $170.89.

Keysight Technologies Trading Down 2.8 %

KEYS opened at $149.37 on Friday. The firm’s fifty day moving average is $155.17 and its two-hundred day moving average is $145.92. The firm has a market cap of $25.92 billion, a PE ratio of 28.73, a price-to-earnings-growth ratio of 4.65 and a beta of 0.98. Keysight Technologies, Inc. has a twelve month low of $119.72 and a twelve month high of $166.28. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.52 and a current ratio of 2.05.

Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Tuesday, August 20th. The scientific and technical instruments company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.35 by $0.22. Keysight Technologies had a return on equity of 21.01% and a net margin of 18.24%. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter last year, the business posted $2.04 EPS. The firm’s revenue was down 11.9% compared to the same quarter last year. Equities research analysts anticipate that Keysight Technologies, Inc. will post 5.43 EPS for the current year.

Insider Activity

In other news, Director Richard P. Hamada sold 1,632 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $156.00, for a total transaction of $254,592.00. Following the completion of the sale, the director now owns 42,160 shares of the company’s stock, valued at $6,576,960. This represents a 3.73 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.60% of the stock is currently owned by company insiders.

Keysight Technologies Profile

Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.